US stocks open higher as earnings season kicks off

Stocks opened higher Wednesday, one day after aluminum producer Alcoa kicked off the quarterly earnings season with a report that met expectations.

Five minutes into trade, the Dow Jones Industrial Average was up 33.55 points (0.25 percent) at 13,362.40.

The broad-based S&P 500 rose 4.26 (0.29 percent) to 1,461.41, while the tech-heavy Nasdaq Composite gained 7.62 (0.25 percent) at 3,099.43.

Alcoa, considered an economic bellwether because of its role in industrial production, posted an in-line profit of $0.06 per share after trade closed Tuesday.

Briefing analyst Patrick O'Hare said the market may take a "wait-and-see" approach Wednesday as it awaits a Thursday meeting of the European Central Bank and public comments from Federal Reserve officials.

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3931-0.0048-0.34%
    USDSGD=X
    1.5656-0.0076-0.48%
    EURSGD=X
    2.0203-0.0068-0.33%
    GBPSGD=X
    81.4048+0.4119+0.51%
    SGDJPY=X
    5.5856+0.0121+0.22%
    SGDHKD=X
    2.9790+0.0102+0.34%
    SGDMYR=X
    9,672.6738+33.2139+0.34%
    SGDIDR=X
    4.6893+0.0161+0.34%
    SGDCNY=X
    0.9906-0.0037-0.37%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,238.50-9.30-0.75%
    GCJ16.CMX
    15.790.00-0.03%
    SIH16.CMX
    60.64+1.88+3.21%
    ^XAU
    2.03+0.03+1.35%
    HGH16.CMX
    29.08+2.87+10.95%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.20+0.09
    ^FVX
    1.75+0.10
    ^TNX
    2.61+0.10
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.3050.0000.00%
    N21.SI
    1.595-0.015-0.93%
    MC0.SI
    3.58+0.04+1.13%
    Z74.SI
    0.360.000.00%
    E5H.SI
    2.82-0.03-1.05%
    C31.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.151+0.021+16.15%
    5PL.SI
    0.184+0.023+14.29%
    42T.SI
    0.32+0.03+12.28%
    I06.SI
    0.147+0.014+10.53%
    5WJ.SI
    0.415+0.035+9.21%
    AXJ.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.084-0.060-41.67%
    5PI.SI
    0.225-0.055-19.64%
    5SY.SI
    0.205-0.045-18.00%
    BER.SI
    0.57-0.10-14.93%
    BLA.SI
    0.101-0.017-14.41%
    AZZ.SI